ResCap Judge Says $2M CRO Bonus Not Tied To Hourly Pay

By Maria Chutchian · January 30, 2014, 2:26 PM EST

A New York bankruptcy judge on Thursday appeared amenable to Residential Capital LLC's request to pay its chief restructuring officer a $2 million bonus, indicating that he was not persuaded by...

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Case Information

Case Title

Residential Capital, LLC

Case Number

1:12-bk-12020

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012